San Mateo County Real Estate Wrap up 2009

January 20, 2010 · Nicole Machado · 2 Comments

Below is a chart that compares the San Mateo County Real Estate Market in 2009 to the San Mateo County Real Estate Market in 2008. As you will see the results are comofrting and shed some positive light on what is to come in 2010. Although interest rates are scheduled to rise as early as this Spring and foreclosures loom in the back ground, as long as inventory stays slow and steady the market should remain on a positive steady but upward incline. Now is a great time to take advantage of the low interest rates and tax credits that are currently provided. Please click on the thumbnail below for a full picture.

Nicole Machado- Prudential California Real Estate

San Bruno Real Estate “Shake Up” 2010!

January 15, 2010 · Karin Cunningham · 3 Comments

112 Georgia Ave. San Bruno, Ca. $419,000

So far, in 2010, San Bruno real estate inventory is low making it a great new environment for homeowners who have been thinking of selling! Currently there are only 30 homes for sale ranging from $299,000 for a small one bedroom home to $1,000,000 brand spanking new homes in a new developement! Md range is about $550,000-$600,000.

With interest rates still teetering between 5 and 6%, home buyers are out in full force looking for good deals before the rates hike up!

What we are seeing is pretty quick sales of homes in the lower and mid ranges while the high end homes are taking awhile. They are selling though! It took quite a few months but the new homes in the Skycrest Develoment next to Lunardi’s have all sold! One most recently at $918,000! Read more

Calling All CRAB FEEDS!

January 14, 2010 · Jean Joh · 2 Comments

Yes, crab season is underway, and I’m starting to hear news of CRAB FEEDS all around the San Francisco Peninsula. What a chance to stuff yourselves with crab while supporting great causes. Here’s a little a plug for one in my hometown of Millbrae:

Hosted by Mills High Grad Night, Mills Sports Boosters, & Millbrae Lions Club
Saturday, February 6^th from 6:30-9:30pm at the Millbrae Recreation Center
For more information, visit: http://millsgradnight.com/media/Crab_Feast_Flyer.pdf

Know of any others? Add them to this blog via the Comments section, and if there are enough, I’ll come up with a calendar for those who want to have a CRAB FEED MARATHON over the next couple of months. Bon appétit!

www.JeanJoh.com
Jean Joh- Prudential California Realty- Residential real estate

Brisbane’s Festival of the Stars!

December 5, 2009 · Kathy Wall · 2 Comments

Photo courtesy of Lee Panza

On Sunday, December 6th @ 5:30 p.m. there will be a wonderful event happening in the adorable little town of Brisbane, CA. It is called “Festival of the Stars”, and is called that because Brisbane is famous for the lit up stars that most citizens have on their homes. Although many people start lighting them at the very beginning of December, this evening is the official night when everyone turns them on. It is quite a sight and can be seen all the way from Highway 101. The stars, both large and small, are provided free to anyone who lives in town…all they need to do is add the lights. Read more

5 Advantages for Move-Up Buyers In This Market

November 13, 2009 · Adam Chinn · 3 Comments

moving up Five reasons current home owners should consider upgrading to a new home.

1. Interest rates are at historic lows: Lower interest rates means you can now buy more home then you could have a year or two ago.

2. Prices have come down: Even if your current home may be worth less than the last peak in the market, the next home you are looking for will probably be as well. The percentage decrease will actually help you get more house when buying up to a larger home.

3. There are still a good amount of homes on the market right now, both new construction and existing, giving you lots of choices and negotiating power.

4. You can move in to your new home faster, as many builders either have completed homes in inventory or they can start working right away due to the production slowdown.

5. You may have outgrown your home, but its probably someone else’s ideal starter home. With the $8,000 tax credit just recently being extended and the new $6,500 tax credit for move up buyers, now is the time to market your home to first-time home buyers.

For more information about the tax credit please visit http://www.federalhousingtaxcredit.com/

This Real Estate Blog is by Adam Chinn

The First Time Home Buyer Tax Credit is Extended!

November 11, 2009 · Kathy Wall · 2 Comments

The $8,000 first time home buyer tax credit that was scheduled to be canceled as of November 30th has been extended, which is absolutely wonderful news for all of those potential home buyers who weren’t able to find their new homes before the deadline. The new credit will be in effect until April 30, 2010. Please note that home buyers will need to be in contract by that date, but will have up until July 1, 2010 to close the escrow (that’s when you actually own the home). And, the new credit is even better than the previous one for the following reasons:

…The income limits have been raised so that now more people will qualify for the credit. Previously, if you were a single person, you could only earn up to $75,000 and, as a married couple you could only earn $150,000. Now, single people will still qualify if they make up to $125,000 and married couples will be able to receive it if they make up to $225,000. And, those earning over these amounts may still qualify a credit, but for a lesser amount. Read more

San Bruno Halloween Houses!

November 3, 2009 · Karin Cunningham · 3 Comments

San Bruno sure knows how to celebrate Halloween especially if you live on Elm Ave. (Nightmare On Elm St.) Every year families crowd the streets, trick or treating by the thousands. Most homes who give out candy run out. Lines form in front of some houses and there are traffic jams on some of the narrow sidewalks! I saw news cameras one year on the corner of Elm and Clark! Decrations are always a hit! I have posted some for you to see!

Booooooooooooooooooo!

Prudential San Bruno 1st Annual Halloween Pumpkin Patch

October 23, 2009 · Nicole Machado · 4 Comments

Prudential San Bruno will be hosting our first annual Pumpkin Patch this Saturday October 24th from 10am-2:00pm. Our parking lot will be set up like a pumpkin patch and families are welcome to pick one pumpkin of their choice and enjoy goodies such as hot chocolate and cookies. Candy goody bags will be given to children as well as the option to have your face painted or take a picture to take home to remember the event. During the pumpkin patch we will be having our “Coats for Kids” drive so anyone who can spare a coat will be entered into a drawing to win 1 of 20 $50.00 gift cards from Target.

Please join us in making our first annual Pumpkin Patch a success!!